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consider different measures of pension bene-fits based on current contributions and changes in accrued pension benefit rights …The theory of equalizing differences suggests that employer provided pension benefits should be compensated by reduced … wage benefits for an employee’s given produc-tivity potential. This paper presents an empirical analysis of compensating …
Persistent link: https://www.econbiz.de/10010746000
Using data from several large scale longitudinal surveys, this paper investigates the relationship between older women’s personal incomes and their work histories in the UK, US and West Germany. By comparing three countries with very different welfare regimes, we seek to gain a better...
Persistent link: https://www.econbiz.de/10010884562
Persistent link: https://www.econbiz.de/10010884655
burdens and benefits. These areas are controversial and politically highly salient. While we are open about expressing our own …
Persistent link: https://www.econbiz.de/10010928707
In 1997 Chancellor Kohl proposed a major pension reform: he pushed the law through Parliament explaining that the German PAYG system had become unsustainable. One limitation of the new law - one that is crucial for our identification strategy - is that it left the generous pension entitlements...
Persistent link: https://www.econbiz.de/10010928811
The balance between private and public sectors in welfare activity in the UK has been documented by Burchardt (1997) and Smithies (2005) for three time periods; 1979/1980, 1995/1996 and 1999/2000. The existing evidence suggested that a welfare mix has previously been in existence but that the...
Persistent link: https://www.econbiz.de/10010744869
Using data from several large scale longitudinal surveys, this paper investigates the relationship between older women’s personal incomes and their work histories in the UK, US and West Germany. By comparing three countries with very different welfare regimes, we seek to gain a better...
Persistent link: https://www.econbiz.de/10010745503
Using data from several large scale longitudinal surveys, this paper investigates the relationship between older women’s families histories and their personal incomes in later life in the UK, US and West Germany, By comparing three countries with very different welfare regimes, we seek to gain...
Persistent link: https://www.econbiz.de/10010745510
This paper examines the relationship between the family and work histories of older women in the UK and their individual incomes in later life, using retrospective data from the first fifteen waves of the British Household Panel Survey. The associations between women’s family histories and...
Persistent link: https://www.econbiz.de/10010745528
This paper constructs a time series of annuity rates in the UK for 1957-2002, and examines the pricing of UK annuities, and the relationship between the accumulation and decumulation phases of a defined contribution pension scheme by focusing on the properties of the pension replacement ratio....
Persistent link: https://www.econbiz.de/10010745656